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More companies choosing HK

October 26, 2016

The number of business operations in Hong Kong with parent companies overseas and on the Mainland has climbed to 7,986 this year, compared to 7,904 last year.

 

The results of an annual survey by Invest Hong Kong and the Census & Statistics Department released today showed, in terms of source country or territory, Japan topped the list with 1,376 companies in Hong Kong, followed by the US (1,353), the Mainland (1,123), the UK (656), Taiwan (387) and Singapore (382).

 

A total of 1,379 of the operations are regional headquarters, 2,352 are regional offices and 4,255 are local offices.

 

They employ a record 435,000 people, up 3% on last year.

 

Acting Director-General of Investment Promotion Charles Ng said: “Despite ongoing uncertainties in the global economy, we are cautiously optimistic going forward.”

 

He added Hong Kong continues to attract overseas companies and Mainland firms with its unique location in the region, its role as the super-connector between the Mainland and the rest of the world, and the Government’s innovation push.



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